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The progressing cavity pump market is expected to grow from an estimated USD 3.02 Billion in 2018 to USD 4.08 Billion by 2023, at a CAGR of 6.24%, during the forecast period. The market is set to witness growth because of increasing investments in modernizing water & wastewater infrastructure, infrastructure development, and suitability for handling high-viscosity fluids in the oil & gas sector. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=142949269 The up to 50 hp segment is expected to be the largest progressing cavity pump market, by power rating, in 2018. Up to 50 hp rated progressing cavity pumps are expected to hold a large share of the total market, by in 2018. This is dominance is attributed to the increase in infrastructure development, and growing demand for industrialization globally. Water & wastewater management end industry is expected to generate significant demand for the progressing cavity pump during the forecast period. The need to reduce life cycle costs and improve operating margins is anticipated to boost the usage of progressing cavity pump units in the water & wastewater industry such as polymers, waste, sludge, and flocculants. Increasing demand for freshwater, liquids with higher viscosities, and a clean environment are likely to drive the market in the future, creating opportunities for the usage of progressing cavity pumps in water & wastewater management.

The progressing cavity pump market is expected to grow from an estimated USD 3.02 Billion in 2018 to USD 4.08 Billion by 2023, at a CAGR of 6.24%, during the forecast period. The market is set to witness growth because of increasing investments in modernizing water & wastewater infrastructure, infrastructure development, and suitability for handling high-viscosity fluids in the oil & gas sector. The up to 50 hp segment is expected to be the largest progressing cavity pump market, by power rating, in 2018. Up to 50 hp rated progressing cavity pumps are expected to hold a large share of the total market, by in 2018. This is dominance is attributed to the increase in infrastructure development, and growing demand for industrialization globally. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=142949269 Progressing Cavity Pump Market Water & wastewater management end industry is expected to generate significant demand for the progressing cavity pump during the forecast period. The need to reduce life cycle costs and improve operating margins is anticipated to boost the usage of progressing cavity pump units in the water & wastewater industry such as polymers, waste, sludge, and flocculants. Increasing demand for freshwater, liquids with higher viscosities, and a clean environment are likely to drive the market in the future, creating opportunities for the usage of progressing cavity pumps in water & wastewater management.

According to the new market research report "Progressing Cavity Pump Market by Pumping Capacity (Upto 500 GPM, 501-1000 GPM, Above 1000 GPM), Power Rating (Upto 50 hp, 51-150 hp, Above 150 hp), End User (Oil & Gas, Water & Wastewater, Others), Product Type, Stage Type and Region - Forecast to 2027", published by MarketsandMarkets™, the Progressing Cavity Pump Market is expected to grow at a CAGR of 5.3% during the forecast period, from an estimated USD 2.2 billion in 2022 to USD 2.8 billion in 2027. Growing developments in investments in water & wastewater treatment, oil & gas, chemicals & petrochemicals, mining is fueling the growth for progressing cavity pumps. The new technology trends in conveying high viscosity fluids and semi-solids is creating numerous opportunities for progressing cavity pump manufacturers.

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According to the new market research report "Progressing Cavity Pump Market by Pumping Capacity (Up to 500 GPM, 501-1,000 GPM, and more), Power Rating (Up to 50 HP, 51-150 HP, and more), End User (Oil & Gas, Food & Beverages, and more), and Region - Global Forecasts to 2026" The global progressing cavity pump market size is projected to reach USD 5.9 billion by 2026, at a CAGR of 6.0%, from an estimated USD 4.4 billion in 2021. The key drivers for the progressing cavity pump market include use of PCPs in enhanced oil recovery and upstream processes and Intensifying need for water & wastewater management in developed nations.

According to the new market research report "Progressing Cavity Pump Market by Pumping Capacity (Up to 500 GPM, 501-1,000 GPM, and more), Power Rating (Up to 50 HP, 51-150 HP, and more), End User (Oil & Gas, Food & Beverages, and more), and Region - Global Forecasts to 2026", published by MarketsandMarkets™, the global Progressing Cavity Pump Market size is projected to reach USD 5.9 billion by 2026, at a CAGR of 6.0%, from an estimated USD 4.4 billion in 2021. The key drivers for the Progressing Cavity Pump Market include use of PCPs in enhanced oil recovery and upstream processes and Intensifying need for water & wastewater management in developed nations.

Progressing Cavity Pump Market size to grow from USD 2.2 Billion in 2022 to USD 2.8 Billion by 2027, at a CAGR of 5.3% during the forecast period. Growing developments in investments in water & wastewater treatment, oil & gas, chemicals & petrochemicals, mining is fueling the growth for progressing cavity pumps. The new technology trends in conveying high viscosity fluids and semi-solids is creating numerous opportunities for progressing cavity pump manufacturers.

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the global Progressing Cavity Pump Market size is projected to reach USD 5.9 billion by 2026, at a CAGR of 6.0%, from an estimated USD 4.4 billion in 2021. The key drivers for the Progressing Cavity Pump Market include use of PCPs in enhanced oil recovery and upstream processes and Intensifying need for water & wastewater management in developed nations.

the global Progressing Cavity Pump Market size is projected to reach USD 5.9 billion by 2026, at a CAGR of 6.0%, from an estimated USD 4.4 billion in 2021. The key drivers for the Progressing Cavity Pump Market include use of PCPs in enhanced oil recovery and upstream processes and Intensifying need for water & wastewater management in developed nations.

The global progressing cavity pump market is expected to grow at a CAGR of 6.24%, from 2018 to 2023, to reach a market size of USD 4.08 billion by 2023. Suitability for handling high viscosity fluids, increasing investments in infrastructure development activities, and high demand for wastewater treatment plants in Asia Pacific are likely to drive the progressing cavity pump market during the forecast period.

The global progressing cavity pump market size is projected to reach USD 5.9 billion by 2026, at a CAGR of 6.0%, from an estimated USD 4.4 billion in 2021. Browse 125 market data Tables and 55 Figures spread through 215 Pages and in-depth TOC on "Progressing Cavity Pump Market"

The global progressing cavity pump market size is projected to reach USD 5.9 billion by 2026, at a CAGR of 6.0%, from an estimated USD 4.4 billion in 2021. The key drivers for the progressing cavity pump market include use of PCPs in enhanced oil recovery and upstream processes and Intensifying need for water & wastewater management in developed nations.

According to a new market research report, the global progressing cavity pump market is projected to reach USD 2.8 billion by 2027 from an estimated USD 2.2 billion in 2022, at a CAGR of 5.3% during the forecast period. The rising sanitation services and progressing towards global sustainability goals is increasing the investments in the water & wastewater treatment plants in developing countries. And, also increase in the exploration activities in the oil & gas industry, demand for petrochemicals products, and precision dosing of additives in food and beverage industries are the key factors driving the market growth.

Progressing Cavity Pump Market is expected to reach USD 3.6 billion by 2029 from USD 2.8 billion in 2024 at a CAGR of 5.0% during the forecast period according to a new report by MarketsandMarkets™. The global market for progressing cavity pumps is indeed witnessing substantial growth, propelled by a multitude of factors that extend its influence across the world.

According to a new market research report "Progressing Cavity Pump Market by Power Rating (Up to 50 hp, 51-150 hp, Above 150 hp), End User (Oil & Gas (Application, Well Type), Water & Wastewater, Food & Beverage, Chemical & Petrochemical, and Others), Region - Global Trends and Forecast to 2023", published by MarketsandMarkets™, the global market is expected to grow from an estimated USD 3.02 Billion in 2018 to USD 4.08 Billion by 2023, at a CAGR of 6.24%, during the forecast period. The market is set to witness growth because of increasing investments in modernizing water & wastewater infrastructure, infrastructure development, and suitability for handling high-viscosity fluids in the oil & gas sector.

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The progressing cavity pump market is expected to grow from an estimated USD 3.02 Billion in 2018 to USD 4.08 Billion by 2023, at a CAGR of 6.24%, during the forecast period. The market is set to witness growth because of increasing investments in modernizing water & wastewater infrastructure, infrastructure development, and suitability for handling high-viscosity fluids in the oil & gas sector.